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Speech in Commons Chamber - Tue 24 Apr 2018
Financial Guidance and Claims Bill [Lords]

"Why does this Bill matter? It matters because of that Port Talbot shift supervisor who said he would never, ever forgive himself, having made a mistake and been conned into being sold short on his pension, with all 20 on his shift following his lead. It matters for the single …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [Lords]

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"On a point of order, Mr Rosindell. I seek your guidance. I will be speaking to Opposition new clause 7, but I note that Government amendments 3 and 4 are unobjectionable, so I may go straight on to making my remarks about new clause 7...."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"I will not depart from your ruling that it is not appropriate to debate terror insurance today. All I will say is that we would like to engage with the Government during the Bill’s next stages, because my hon. Friend the Member for Bermondsey and Old Southwark has identified a …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"I have the greatest respect for the hon. Lady, but I could not disagree more. This is about sending an unmistakable message about a duty of care, which in those circumstances there is a legal obligation to deliver. It also means that banks must train their staff accordingly. A duty …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"We in this House impose obligations in the public interest that must be delivered. We need sensitivity for those going through the trauma of cancer, and having a duty of care sends an unmistakable message to the board of an organisation that that duty of care must be delivered, and …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"In that case, the hon. Gentleman is saying that Macmillan is getting it wrong. The Minister has engaged with Macmillan with an open mind—I warmly welcome that—and has heard the concerns direct, based on firm evidence, that at the moment too many people suffering from cancer are not treated with …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"With the greatest respect, the Government are prescriptive the whole time, and I think this is an area ripe for prescription. I stress again that we need to send an unmistakable message that regulated providers have certain obligations that fall upon them. There are already obligations imposed under law, for …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"There is a certain lack of clarity on the part of the Government about that end. Given that the introduction of a duty of care would still require legislation, when can we expect it to be introduced if we do not use the opportunity presented by the Bill? Will the …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"On the basis of what the Minister has said—that he will come back on Report—we will not be pressing new clause 7.

Amendment 3 agreed to.

Amendment made: 4, in clause 24, page 18, line 7, at end insert—

“( ) In section 137R (financial promotion rules)—

(a) in subsection …..."

Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)

Speech in Public Bill Committees - Tue 06 Feb 2018
Financial Guidance and Claims Bill [ Lords ] (Third sitting)

"It is a sensible move to give the FCA those extended powers. Therefore, we note the proposed amendments. Our colleague from the Scottish National party, the hon. Member for Paisley and Renfrewshire South, might wish to comment, but this seems to us a logical and sensible proposal...."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Financial Guidance and Claims Bill [ Lords ] (Third sitting)